FANOLAM: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FANOLAM
Largest movements
- Receivables within one year +€3,912
up €3,912 (+566.7%), from €690 to €4,602
- Profit (loss) carried forward +€7,344
up €7,344 (+8.9%), from €82,313 to €89,657
- Debts after one year -€5,949
down €5,949 (-19.5%), from €30,472 to €24,522
- Other debts -€4,059
down €4,059 (-21.4%), from €18,982 to €14,923
- Tax, wage and social debts +€3,493
up €3,493 (+71.5%), from €4,882 to €8,375
- Financial charges -€3,142
down €3,142 (-38.0%), from €8,278 to €5,136
- Other operating charges -€2,778
down €2,778 (-73.6%), from €3,775 to €997
- Taxes +€1,565
up €1,565 (+78.4%), from €1,996 to €3,561
- Gross operating margin +€830
up €830 (+5.0%), from €16,514 to €17,343
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €178,685 | €180,391 | +€1,707 | +1.0% |
| Fixed assets | 21/28 | €436 | €128 | -€307 | -70.6% |
| Tangible fixed assets | 22/27 | €436 | €128 | -€307 | -70.6% |
| Furniture and vehicles | 24 | €436 | €128 | -€307 | -70.6% |
| Current assets | 29/58 | €178,249 | €180,263 | +€2,014 | +1.1% |
| Amounts receivable after more than one year | 29 | €158,650 | €158,650 | = | 0.0% |
| Other amounts receivable | 291 | €158,650 | €158,650 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €690 | €4,602 | +€3,912 | +566.7% |
| Trade receivables | 40 | €690 | €4,602 | +€3,912 | +566.7% |
| Cash at bank and in hand | 54/58 | €786 | €484 | -€302 | -38.4% |
| Deferred charges and accrued income | 490/1 | €18,123 | €16,527 | -€1,596 | -8.8% |
| Total equity and liabilities | 10/49 | €178,685 | €180,391 | +€1,707 | +1.0% |
| Equity | 10/15 | €102,773 | €110,117 | +€7,344 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,313 | €89,657 | +€7,344 | +8.9% |
| Amounts payable | 17/49 | €75,912 | €70,274 | -€5,637 | -7.4% |
| Amounts payable after more than one year | 17 | €30,472 | €24,522 | -€5,949 | -19.5% |
| Financial debts | 170/4 | €30,472 | €24,522 | -€5,949 | -19.5% |
| Amounts payable within one year | 42/48 | €45,440 | €45,745 | +€305 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €5,403 | €5,949 | +€546 | +10.1% |
| Financial debts | 43 | €9,760 | €9,980 | +€220 | +2.3% |
| Credit institutions | 430/8 | €9,760 | €9,980 | +€220 | +2.3% |
| Trade debts | 44 | €6,412 | €6,518 | +€105 | +1.6% |
| Suppliers | 440/4 | €6,412 | €6,518 | +€105 | +1.6% |
| Taxes, remuneration and social security | 45 | €4,882 | €8,375 | +€3,493 | +71.5% |
| Taxes | 450/3 | €4,882 | €8,375 | +€3,493 | +71.5% |
| Other amounts payable | 47/48 | €18,982 | €14,923 | -€4,059 | -21.4% |
| Accrued charges and deferred income | 492/3 | - | €7 | +€7 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €342 | €307 | -€35 | -10.2% |
| Other operating charges | 640/8 | €3,775 | €997 | -€2,778 | -73.6% |
| Gross operating margin | 9900 | €16,514 | €17,343 | +€830 | +5.0% |
| Operating profit (loss) | 9901 | €12,397 | €16,039 | +€3,642 | +29.4% |
| Financial income | 75/76B | €52 | €2 | -€50 | -97.1% |
| Recurring financial income | 75 | €52 | €2 | -€50 | -97.1% |
| Financial charges | 65/66B | €8,278 | €5,136 | -€3,142 | -38.0% |
| Recurring financial charges | 65 | €8,278 | €5,136 | -€3,142 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €4,171 | €10,904 | +€6,733 | +161.4% |
| Income taxes | 67/77 | €1,996 | €3,561 | +€1,565 | +78.4% |
| Profit (loss) for the period | 9904 | €2,175 | €7,344 | +€5,169 | +237.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,175 | €7,344 | +€5,169 | +237.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.